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Robinhood vs eToro 2022

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Written by StockBrokers.com

November 02, 2022

Is Robinhood better than eToro? After testing 15 of the best online brokers over six months, E*TRADE (92.52%) is better than Robinhood (64.85%). Founded in 1982 as one of the first online brokerages in the United States, E*TRADE highlights include $0 trades, two excellent mobile apps and the Power E*TRADE platform, which is great for beginners, active trading and options trading.

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Overall RatingRobinhoodeToroE*TRADE
Overall3.5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options3 Stars2 Stars5 Stars
Platforms & Tools2 Stars2.5 Stars4.5 Stars
Mobile Trading Apps4 Stars2.5 Stars5 Stars
Research2 Stars2.5 Stars4.5 Stars
Customer ServiceN/AN/A4.5 Stars
Education3 Stars3.5 Stars4.5 Stars
Ease Of Use5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewRobinhood RevieweToro ReviewE*TRADE Review
Trading FeesRobinhoodeToroE*TRADE
Minimum Deposit$0.00$10.00$0.00
Stock Trades$0.00$0.00$0.00
Penny Stock Fees (OTCCB)N/AN/A$6.95
Mutual Fund Trade FeeN/A$19.99
Options (Base Fee)$0.00N/A$0.00
Options (Per Contract)$0.00N/A$0.65
Futures (Per Contract)N/AN/A$1.50
Broker Assisted Trade Fee$0$25
Margin RatesRobinhoodeToroE*TRADE
Margin Rate Under $24,999.999.75%N/A11.95%
Margin Rate $25,000.00 to $49,999.999.75%N/A11.45%
Margin Rate $50,000.00 to $99,999.999.75%N/A10.95%
Margin Rate $100,000.00 to $249,999.999.75%N/A10.45%
Margin Rate $250,000.00 to $499,999.999.75%N/A9.95%
Margin Rate $500,000.00 to $999,999.999.75%N/A9.45%
Margin Rate Above $1,000,000.009.75%N/A8.45%
Account FeesRobinhoodeToroE*TRADE
IRA Annual FeeN/AN/A$0.00
IRA Closure FeeN/AN/A$0.00
Account Transfer Out (Partial)$100.00N/A$25.00
Account Transfer Out (Full)$100.00N/A$75.00
Options Exercise Fee$0.00N/A$0.00
Options Assignment Fee$0.00N/A$0.00
Investment OptionsRobinhoodeToroE*TRADE
Stock TradingYesYesYes
Margin TradingYesNoYes
Fractional SharesYesYesNo
OTCBB / Pink SheetsNoNoYes
Options TradingYesNoYes
Complex Options Max Legs404
Futures TradingNoNoYes
Forex TradingNoNoNo
Crypto TradingYesYesNo
Crypto Trading - Total Coins17260
Mutual Funds (No Load)006486
Mutual Funds (Total)007242
Bonds (US Treasury)NoNoYes
Bonds (Corporate)NoNoYes
Bonds (Municipal)NoNoYes
Advisor ServicesNoNoYes
International Countries (Stocks)000
Order TypesRobinhoodeToroE*TRADE
Order Type - MarketYesYesYes
Order Type - LimitYesNoYes
Order Type - After HoursYesNoYes
Order Type - StopYesYesYes
Order Type - Trailing StopYesYesYes
Order Type - OCONoNoYes
Order Type - OTONoNoYes
Order Type - Broker AssistedNoNoYes
BeginnersRobinhoodeToroE*TRADE
Education (Stocks)YesYesYes
Education (ETFs)NoNoYes
Education (Options)YesNoYes
Education (Mutual Funds)NoNoYes
Education (Bonds)NoNoYes
Education (Retirement)NoNoYes
Retirement CalculatorNoNoYes
Investor DictionaryYesNoYes
Paper TradingNoYesYes
VideosNoYesYes
WebinarsNoNoYes
Webinars (Archived)NoNoYes
Progress TrackingNoNoNo
Interactive Learning - QuizzesNoNoYes
Stock Trading AppsRobinhoodeToroE*TRADE
iPhone AppYesYesYes
Android AppYesYesYes
Apple Watch AppYesNoYes
Trading - StocksYesYesYes
Trading - After-HoursYesNoYes
Trading - Simple OptionsYesNoYes
Trading - Complex OptionsYesNoYes
Order Ticket RT QuotesYesYesYes
Order Ticket SRT QuotesYesYesYes
Stock App FeaturesRobinhoodeToroE*TRADE
Market Movers (Top Gainers)YesYesYes
Stream Live TVNoNoYes
Videos on DemandNoNoNo
Stock AlertsYesYesYes
Option Chains ViewableYesNoYes
Watch List (Real-time)YesYesYes
Watch List (Streaming)NoYesYes
Watch Lists - Create & ManageYesYesYes
Watch Lists - Column CustomizationYesNoYes
Watch Lists - Total Fields3795
Stock App ChartingRobinhoodeToroE*TRADE
Charting - After-HoursYesNoYes
Charting - Can Turn HorizontallyNoNoYes
Charting - Multiple Time FramesYesYesYes
Charting - Technical Studies6510
Charting - Study CustomizationsYesYesYes
Charting - Stock ComparisonsNoNoYes
Trading PlatformsRobinhoodeToroE*TRADE
Active Trading PlatformN/APower E*TRADE
Desktop Trading PlatformNoNoNo
Desktop Platform (Mac)NoNoNo
Web Trading PlatformYesYesYes
Paper TradingNoYesYes
Trade JournalNoNoNo
Watch Lists - Total Fields3795
Stock Chart FeaturesRobinhoodeToroE*TRADE
Charting - Adjust Trades on ChartNoNoYes
Charting - Indicators / Studies646119
Charting - Drawing Tools01331
Charting - NotesNoYesYes
Charting - Index OverlaysNoYesYes
Charting - Historical TradesNoNoYes
Charting - Corporate EventsNoNoYes
Charting - Custom Date RangeNoNoYes
Charting - Custom Time BarsNoNoNo
Charting - Automated AnalysisNoNoYes
Charting - Save ProfilesNoYesYes
Trade Ideas - Technical AnalysisNoYesYes
Charting - Study Customizations156
Charting - Custom StudiesNoNoNo
Day TradingRobinhoodeToroE*TRADE
Streaming Time & SalesNoYesYes
Streaming TVNoNoYes
Direct Market Routing - StocksNoNoYes
Ladder TradingNoNoNo
Trade Hot KeysNoNoYes
Level 2 Quotes - StocksNoNoYes
Trade Ideas - BacktestingNoNoNo
Trade Ideas - Backtesting AdvNoNoNo
Short LocatorNoNoNo
Order Liquidity RebatesNoNoNo
Research OverviewRobinhoodeToroE*TRADE
Research - StocksYesYesYes
Research - ETFsYesYesYes
Research - Mutual FundsNoNoYes
Research - Pink Sheets / OTCBBYesNoYes
Research - BondsNoNoYes
Screener - StocksNoNoYes
Screener - ETFsNoNoYes
Screener - Mutual FundsNoNoYes
Screener - BondsNoNoYes
Misc - Portfolio AllocationYesNoYes
Stock ResearchRobinhoodeToroE*TRADE
Stock Research - PDF Reports006
Stock Research - EarningsYesYesYes
Stock Research - InsidersNoYesYes
Stock Research - SocialNoYesYes
Stock Research - NewsYesYesYes
Stock Research - ESGNoYesNo
Stock Research - SEC FilingsNoYesYes
ETF ResearchRobinhoodeToroE*TRADE
ETFs - Strategy OverviewYesYesYes
ETF Fund Facts - Inception DateYesNoYes
ETF Fund Facts - Expense RatioYesNoYes
ETF Fund Facts - Net AssetsNoNoYes
ETF Fund Facts - Total HoldingsYesNoYes
ETFs - Top 10 HoldingsYesNoYes
ETFs - Sector ExposureYesNoYes
ETFs - Risk AnalysisNoNoYes
ETFs - RatingsNoYesYes
ETFs - Morningstar StyleMapNoNoYes
ETFs - PDF ReportsNoNoYes
Mutual Fund ResearchRobinhoodeToroE*TRADE
Mutual Funds - Strategy OverviewNoNoYes
Mutual Funds - Performance ChartNoNoNo
Mutual Funds - Performance AnalysisNoNoYes
Mutual Funds - ProspectusNoNoYes
Mutual Funds - 3rd Party RatingsNoNoYes
Mutual Funds - Fees BreakdownNoNoYes
Mutual Funds - Top 10 HoldingsNoNoYes
Mutual Funds - Asset AllocationNoNoYes
Mutual Funds - Sector AllocationNoNoYes
Mutual Funds - Country AllocationNoNoYes
Mutual Funds - StyleMapNoNoYes
Options TradingRobinhoodeToroE*TRADE
Option Chains - Basic ViewYesNoYes
Option Chains - Strategy ViewNoNoYes
Option Chains - StreamingYesNoYes
Option Chains - Total Columns17031
Option Chains - Greeks505
Option Chains - Quick AnalysisYesNoYes
Option Analysis - P&L ChartsYesNoYes
Option Probability AnalysisNoNoYes
Option Probability Analysis AdvNoNoYes
Option Positions - GreeksYesNoYes
Option Positions - Greeks StreamingYesNoYes
Option Positions - Adv AnalysisNoNoYes
Option Positions - RollingYesNoYes
Option Positions - GroupingYesNoYes
BankingRobinhoodeToroE*TRADE
Bank (Member FDIC)NoNoYes
Checking AccountsNoNoYes
Savings AccountsNoNoYes
Credit CardsNoNoYes
Debit CardsYesNoYes
Mortgage LoansNoNoYes
Customer ServiceRobinhoodeToroE*TRADE
Phone Support (Prospect Customers)NoNoYes
Phone Support (Current Customers)YesNoYes
Email SupportYesYesYes
Live Chat (Prospect Customers)NoYesNo
Live Chat (Current Customers)YesYesYes
24/7 SupportYesNoYes
OverallRobinhoodeToroE*TRADE
Overall3.5 Stars3 Stars5 Stars
Commissions & Fees4.5 Stars4 Stars4.5 Stars
Investment Options3 Stars2 Stars5 Stars
Platforms & Tools2 Stars2.5 Stars4.5 Stars
Mobile Trading Apps4 Stars2.5 Stars5 Stars
Research2 Stars2.5 Stars4.5 Stars
Education3 Stars3.5 Stars4.5 Stars
Ease Of Use5 Stars4 Stars5 Stars
Winnercheck_circle
ReviewRobinhood RevieweToro ReviewE*TRADE Review
  • check_box_outline_blankcheck_boxAlly Invest
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxE*TRADE
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFidelity
  • check_box_outline_blankcheck_boxFirstrade
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxJ.P. Morgan Self-Directed Investing
  • check_box_outline_blankcheck_boxMerrill Edge
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Robinhood vs eToro Comparison

Comparing brokers side by side is no easy task. For our 2022 annual broker review, we spent hundreds of hours assessing 15 brokerages to find the best online broker. Let's compare Robinhood vs eToro.

Is Robinhood or eToro better for beginners?

E*TRADE offers more comprehensive new investor education for beginner investors than Robinhood. Robinhood offers investors access to Education (Stocks) and Education (Options), while eToro offers investors access to Paper Trading, Videos and Education (Stocks), neither have Education (ETFs), Education (Mutual Funds), Education (Bonds) and Education (Retirement).

What about Robinhood vs eToro pricing?

Robinhood and eToro charge the same amount for regular stock trades, $0.00. Robinhood and eToro both charge $0.00 per option contract. For a complete commissions summary, see our best brokers for free stock trading guide.

Does Robinhood or eToro offer a wider range of investment options?

Robinhood offers investors access to Stock Trading, Fractional Shares and Options Trading, while eToro offers investors access to Stock Trading and Fractional Shares, neither have OTCBB / Pink Sheets, Mutual Funds, Futures Trading, Forex Trading and Advisor Services. Looking at Mutual Funds, Robinhood and eToro both provide customers access to 0 no transaction fee (NTF) mutual funds.

Which trading platform is better: Robinhood or eToro?

To compare the trading platforms of Robinhood and eToro, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, E*TRADE offers a better experience. With research, E*TRADE offers superior market research. Finally, we found E*TRADE to provide better mobile trading apps.

Does either broker offer banking?

Online banking can be a benefit for investors, and some brokerages do provide banking services to customers. Debit Cards are offered by Robinhood while eToro offers none, neither have Checking Accounts, Savings Accounts, Credit Cards and Mortgage Loans.

Is Robinhood good?

Robinhood is very easy to use; however, now that all online brokers offer $0 stock and ETF trades, Robinhood's lack of trading tools and research leaves it a step behind the competition.

Is eToro good?

eToro bills itself as a social trading platform, and that is exactly what you get. It’s a combination of Twitter and trading that will appeal to those who are most interested in learning how to trade cryptocurrencies or joining a community with crypto as the focus. The scope currently is limited in the U.S., so those looking for more advanced trading or trading a variety of underlyings will want to look elsewhere.

Robinhood vs eToro Winner

Overall winner: E*TRADE

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